Highly Profitable Recycling Yard

Jackson County, OH

Seller Financing Available

listing image
Asking Price:$1,500,000
FF&E:$300,000
Established Year:1985
Inventory:$450,000
Real Estate:$550,000
BUSINESS DESCRIPTION

This business has been operating at a high level of success for over 30 years with no signs of slowing down. The market is hot and continues to trend up as it has in every economic situation. This is your opportunity to own a Well Established, long-term recycling and salvage operation located in Southeast Ohio with stabilized sales and strong profit margins. Great opportunity to increase current sales into surrounding markets. Established labor in place and are willing to stay on board. Owner has been hands on and is looking to retire. Business has all the necessary equipment, staffing, operational location, and business vendors / clients to maintain a good business model. The property with 5.5 Acres and 8,500 sf of garage, office, and warehouse space is included.

In addition there is rental income from a smoke shop and a billboard with this deal. Both are on property owned by the business, with leases in place. Smoke shop tenant has been in located here for over 20 years.

Business has been functional for over 30 years and has well-established client and vendor relationships as well as regular, repeat “walk in customers”. Businesses positioned well to potentially be a feeder site for larger salvage and recycling operations. The owner is willing to help incoming owners transition into the business. Seller is willing to finance with a strong buyer and a significant down payment.


DETAILED INFORMATION
Location
Jackson County, OH
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
8,500
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is operated out of 8500 square ft of garage, warehouse, and office space on 5.5 acre. There is drive on scales to weigh incoming metals along with sorting and crushing machines inside. There are plenty of salvaged vehicles that add to the income by selling car parts. The property is fenced in and has a shared private drive. The tobacco/smoke shop is located near the entrance to the property and the billboard is located across the street. All of the equipment is onsite needed to run this business.
Competition
There is a strong market for heavy salvage and recycling in this area as shown by the consistent sales over the last 30 years.
Growth & Expansion
There are opportunities to become a feeder location for different cities in a pipeline of business from West Virginia to Northern Ohio.
Financing
Seller is willing to finance with a qualified buyer and significant down payment.
Support & Training
Owner is willing to train for a negotiated period of time.
Reason for Selling
Owner wants to retire
Report an Issue with this listing
profile-img
Eric
Ross
Acquire Business Brokering
Eric Ross